Question
Prepare a 2015 balance sheet for Cornell Corp. based on the following information: cash = $145,000; patents and copyrights = $630,000; accounts payable = $222,000;
| Prepare a 2015 balance sheet for Cornell Corp. based on the following information: cash = $145,000; patents and copyrights = $630,000; accounts payable = $222,000; accounts receivable = $135,000; tangible net fixed assets = $1,665,000; inventory = $302,000; notes payable = $130,000; accumulated retained earnings = $1,242,000; long-term debt = $863,000 how do you find intangible asset? |
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Cases in Finance
Authors: Jim DeMello
3rd edition
1259330476, 1259330478, 9781259352652 , 978-1259330476
